The U.S. Senate Finance Committee's International Tax Reform Working Group released its Final Report on 8 July 2015. The Group was formed in January 2015 along with Tax Reform Working Groups for Business Income Tax, Individual Income Tax, Savings and Investment, and Community Development and Infrastructure. The International Tax Reform Final Report covers a number of issues, including: Reasons for Action; International Principles of Taxation; Present Law; Prior International Tax Reform Efforts; Bipartisan Framework for International Tax Reform; and Miscellaneous Issues While the report covers several issues, details on what actions should be taken for international tax reform are quite...